Current At The Banks
121 E Freedom Way,
Cincinnati, OH 45202
$1,118 - $4,084
Studio - 2 Beds
Covington
Covington, KY Area Guide
Rich history and vibrant character define this Cincinnati suburb
Historic
•
Suburb
•
Commuter
•
Architecture
•
Affordable
•
Upscale
•
River
•
Parks
•
Airport
•
Covington is a vibrant suburban city located directly across the Ohio River from Cincinnati. The north side of the city is well known for its stunning historic architecture, from the numerous magnificent churches to the iconic John A. Roebling Suspension Bridge (connecting Covington with Cincinnati) to the brick townhomes of the Mutter Gottes Historic District. Farther south, things spread out considerably as the urban layout begins to blend into the surrounding countryside.
The local rental market is huge and diverse, ranging from upscale historic homes and swanky downtown condos to sensible suburban homes to budget-friendly efficiency apartments. The variety of housing options combined with the easy access to Cincinnati has bade Covington a longtime favorite for commuters, and frequent travelers will love the close proximity to Cincinnati/Northern Kentucky International Airport.
Explore the City
The Roebling Murals in Downtown Covington tell the history of the region from 8000 B.C. to 2008.
Covington offers big-city benefits in a walkable community that oozes small-town charm.
The water view at George Rogers Clark Park.
Rent Trends
As of March 2026, the average apartment rent in Covington, KY is $1,278 for a studio, $1,364 for one bedroom, $1,861 for two bedrooms, and $1,674 for three bedrooms. Apartment rent in Covington has increased by 0.2% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,364/month
704 Sq Ft
House
$1,976/month
1,209 Sq Ft
Condo
$2,116/month
1,587 Sq Ft
Cost of Living
The cost of living in Covington, KY is 13.0% lower than the national average. Generally, housing in Covington is 27.9% less expensive than the national average, with rent falling between $1,278 - $1,861. You can expect to pay 10.8% less for groceries, 7.0% less for utilities, and 2.2% more for transportation.
Compare Cities
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Covington, KY is for everyday living.
Very Walkable
71
/ 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
36
/ 100
You'll likely want a car when living in this area since it has few transit options.
Bikeable
55
/ 100
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Scores provided by Walk Score
Schools
Public
Grades K-5
Ryland Heights Elementary School
Public
Grades PK-5
Public
Grades PK-5
Public
Grades PK-5
Public
Grades K-5
Public
Grades 6-8
Public
Grades K-12
11 Students
Public
Grades 9-12
Public
Grades K-12
11 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Newport Aquarium
- John G. & Phyllis W. Smale Riverfront Park
- Theodore M. Berry Friendship Park
- Cincinnati History Museum
- Wilson Commons
Commuter Rail
Airports
- Cincinnati/Northern Kentucky International
Top Apartments in Covington
Houses for Rent in Covington
Property Management Companies in Covington, KY
North American Properties
-
10
Communities
-
2,053
Units
-
4
Cities
5 Communities in Covington
Birkla Investment Group
-
24
Communities
-
3,739
Units
-
17
Cities
3 Communities in Covington
Rookwood Properties
-
23
Communities
-
2,900
Units
-
11
Cities
3 Communities in Covington
Uptown Rental Properties
-
29
Communities
-
2,888
Units
-
4
Cities
3 Communities in Covington
Flaherty & Collins, Inc
-
56
Communities
-
13,563
Units
-
40
Cities
2 Communities in Covington
Towne Properties
-
67
Communities
-
12,012
Units
-
28
Cities
2 Communities in Covington
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.